₦airaland Forum

seapson: please can sum1 give me a link to download an indicator?

noriega: everything there is basic forex principle, the one reason why we fail in trading is because we see it as being complex and secondly emotions (Even as good as i might be i still get carried away sometimes). but if you can see trading as a simple affair then you would start learning.

We learn how to make money in Forex, and not Forex itself. That is why we keep jumping from one system to another and to another. all systems and indicators are based on financial principle.

what @maga1 posted is simple support and resistance, a lil pivot into it. Stop looking at indicators, look at the principle. @sunwalk indicators or system are basic moving averages. all these are fundamental trading principles that big time traders use to make hundreds of millions each year. They are all in your MT4, like i always say there is no silver bullet in Forex nor binary. everything is there staring at you.

hope you guys see it.

noriega: Now going back to what @maga1 posted

I have done a back-test and analysis for 9 years but I would post 2 random years here taking 2009 and 2013 till date. Just to note all the years where still positive.

Test pair: GBP/USD
Test platform: Forex
Test Time Frame: Daily & Weekly

Account size: $3000 (using $10 per pip - worked this out to what am comfortable with)


Now during this testing I applied harmonic pattern recognition for better confirmation of trades, you can add other filters but these results are based on harmonic pattern recognition filter or also called PRIMED MM.

Test perimeter:

1. Enter trade once the arrow show and also a harmonic pattern is formed or at least has a likelihood of forming (about 90%, you have to be careful with this).

2. Try as much as possible to enter at the high of the present candle for a SELL order and low of the present candle for a BUY order.

3. SL is 50pips, although with harmonic pattern filter you don't need much cos from 2001 to 2013 the price moves against you in an average of 20pips before continuing on its real direction.

4. Trail stops, target is 300pips per trade but i would leave you to this to decide how best to reap your reward.


A. Results for daily time frame 2013:

Jan - 1 trade : 350 pips max move against entry 18 pips.
March - 1 trade : 311 pips max move against entry 10 pips.
Apr - 2 trades : 373 pips/370 pips max move against entry 23pips. total for the month is 743 pips.
May - 1 trade: 62 pips max move against entry 28 pips.
Jun - 2 trades: 571 pips/329 pips max move against entry 9 pips. total for the month is 900 pips.
July - 1 trade : 322 pips max move against entry 10 pips.
Aug - 2 trade : 349 pips/177 pips max move against entry 16 pips. total for the month is 526 pips.

Summary:

Total trades: 10 trades, Win:10, Loss:0, Total pips: 3214, Total profit: $32,140, Gross profit: $35,140

ROI: 1071% (WOW)


B. Results for weekly time frame 2009:

Out of 52 weeks in the year, there were 4 trades with clear confirmation as follow:

Trade 1: 542 pips
Trade 2: 758 pips
Trade 3: 776 pips
Trade 4: 704 pips


Summary:

Total trades: 4 trades, Win:4, Loss:0, Total pips: 2780, Total profit: $27,800, Gross profit: $30,800

ROI: 927% (WOW)

Now i would conclude by saying that keeping to high time frames produce very impressive results and that would be my likely choice if i were to trade these. my personal opinion is to stick with the weekly trades and trade them out. Now there are other factors to consider but i would leave you to do that on your own.

Finally, YES! the system rocks if you use confirmation and also on high time frames. Let the GREENS be with you.

ifemiide: the mobile network has a 3.75g/3g/2g for other activities on the phone, BUT for data connection it does not use 3g. Thats why they put it under DATA connection that there is no 3g. HAVE I CLEARed YOUR DOUBT.

texaco1: i think cvm should open another thread for suggestions ,enquiries .and anyone that has a question can always go there .it will be like a customer care center.

teeboy4x: WON

samfaj: @Prindu, d airtel stuff u shared is working perfectly, God bless u.

willscolf: i use nokia E63.wud lyk 2 knw how to set it on pc usin modem(unlocked mtnfastlink) tnx

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maxibrainz: Get unlimited gigabyte on
Airtel if you interested
send your request to my
email maxibrainz55@
gmail.com, to prove that am
not joking just two people
should drop their airtel
number here and i would
send 2gb each to them free

maxibrainz: Get unlimited gigabyte on
Airtel if you interested
send your request to my
email maxibrainz55@
gmail.com, to prove that am
not joking just two people
should drop their airtel
number here and i would
send 2gb each to them free

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